Listed by KW Greater Seattle, Bought with Keller Williams Realty PS
NOT LISTED FOR SALE

16817 Larch Way Unit F205 Lynnwood, WA 98037

Martha Lake Neighborhood

Estimated Value: $394,000 - $418,000

3 Beds
2 Baths
1,063 Sq Ft
$385/mo HOA Fee

Last Sold October 16, 2020

Last sale price $298,000 $280 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,862/month

2 Days on Market

Highlights

  • Boat Dock
  • Unit is on the top floor
  • Community Indoor Pool
  • Fitness Center
  • Property is near public transit
  • Sauna

About This Home

As of October 2020

Newly remodeled top-floor, end-unit 3-bed condo near shopping, restaurants, 405 & I-5. New vinyl plank flooring throughout most of the unit, including living room w/ wood fireplace & sliding door that opens to balcony w/ storage. Kitchen has stonecoat countertops & opens to dining space. 3 bedrooms including master bedroom with walk-in closet & full bathroom. Two parking spaces, ideally located by the stairs to the unit. All this + access to the clubhouse w/ indoor pool, hot tub & exercise room.

Last Agent to Sell the Property

Jesse Moore

KW Greater Seattle License #84276 Listed on: 09/03/2020

KW Greater Seattle

Last Buyer's Agent

Travis Morris

Keller Williams Realty PS License #111591

Keller Williams Realty PS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1657080

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,847

Year Built

  • Built in 1989

Lot Details

  • End Unit

HOA Fees

  • $385 Monthly HOA Fees

Home Design

  • Tile Roof
  • Built-Up Roof
  • Wood Composite

Interior Spaces

  • 1,063 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Open Parking

Outdoor Features

  • Docks
  • Balcony

Location

  • Unit is on the top floor
  • Property is near public transit

Schools

  • Martha Lake Elemml Elementary School
  • Alderwood Mid Middle School
  • Lynnwood High School

Utilities

  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01032200620500

Community Details

Overview

  • Association fees include garbage, water/sewer
  • 100 Units
  • Tom Gish Jr. Association
  • Secondary HOA Phone (425) 339-1160
  • Martha's Landing Condos
  • Martha Lake Subdivision

Recreation

  • Boat Dock
  • Fitness Center
  • Community Indoor Pool
  • Community Spa

Additional Features

  • Sauna
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,847

Year Built

Built in 1989

Lot Details

0

HOA Fees

$385 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1989
  • Inclusions: Dishwasher,Dryer,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Martha's landing
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1063
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Primary Bath,Top Floor,Walk-in Closet
  • Special Features: None
  • Cumulative Days on Market: 34

Interior Features

  • Fireplaces: 1
  • Appliances: Dryer, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 3
  • Bathrooms: 2
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 2
  • AppliancesIncluded: Dishwasher,Dryer,Range/Oven,Refrigerator,Washer
  • StorageLocation: Balcony

Exterior Features

  • Roof: Built-Up, Tile
  • Lot Features: Curbs, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Structure Type: Multi Family
  • BusLineNearby: true

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 145, 146

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Garbage, Water/Sewer
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Laundry Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Cable TV, Dock, Exercise Room, Fire Sprinklers, Hot Tub, Indoor Pool, Sauna
  • Association Fee: 385
  • Association Fee Frequency: Monthly
  • Phone: 425-339-1160
  • Pets Allowed: See Remarks
  • Common Interest: Condominium
  • AssociationContactName: Tom Gish Jr.
  • CommonPropertyFeatures: Cable TV,Dock,Exercise Room,Fire Sprinklers,Hot Tub,Pool-Indoor,Sauna

Fee Information

  • Association Fee Includes: Garbage, Water/Sewer

Schools

  • Junior High Dist: Edmonds
  • High School: Lynnwood High
  • Middle Or Junior School: Alderwood Mid

Lot Info

  • Parcel Number: 01032200620500
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2847

Multi Family

  • Number Of Units In Community: 100
  • UnitsInBuildingTotal: 16

MLS Schools

  • Elementary School: Martha Lake ElemMl

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 15, 2020
Sold by
Oyebiyi Fadehan Adebake and Abioye Yetunde Bukola
Bought by
Flanagan Kristen and Flanagan Nicholas
Seller's Agent
Jesse Moore
KW Greater Seattle
Buyer's Agent
Travis Morris
Keller Williams Realty PS
List Price
$290,000
Sold Price
$298,000
Premium/Discount to List
$8,000
2.76%
Current Estimated Value
$408,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,399
Avg. Annual Appreciation
6.83%
Original Mortgage
$292,602
Outstanding Balance
$263,177
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$146,500

Purchase Details

Closed on
May 11, 2017
Sold by
Oyebiyi Fadehan Adebake
Bought by
Oyebiyi Fadehan Adebake and Abloye Yetunde Bukola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,109
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2013
Sold by
Oyebiyi Ngozi Becky
Bought by
Oyebiyi Fadehan Adebake

Purchase Details

Closed on
Dec 19, 2005
Sold by
Marthas Landing Llc
Bought by
Oyebiyi Fadehan A and Oyebiyi Ngozi B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,160
Interest Rate
6.35%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Flanagan Kristen $298,000 Wfg National Title
Oyebiyi Fadehan Adebake -- Wfg Natl Title
Oyebiyi Fadehan Adebake -- None Available
Oyebiyi Fadehan A $176,450 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flanagan Kristen $292,602
Previous Owner Oyebiyi Fadehan Adebake $159,109
Previous Owner Oyebiyi Fadehan A $20,600
Previous Owner Oyebiyi Fadehan A $187,200
Previous Owner Oyebiyi Fadehan A $141,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $298,000 +2.8% $280 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $290,000 -- $273 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,893 $348,500 $75,000 $273,500
2024 $2,893 $338,500 $73,000 $265,500
2023 $2,583 $313,500 $68,500 $245,000
2022 $2,854 $285,000 $58,000 $227,000
2020 $2,847 $253,000 $50,500 $202,500
2019 $2,564 $226,000 $47,000 $179,000
2018 $2,340 $181,000 $29,500 $151,500
2017 $1,500 $117,000 $27,000 $90,000
2016 $1,416 $110,500 $26,000 $84,500
2015 $1,484 $110,500 $24,000 $86,500
2013 $1,260 $88,000 $24,000 $64,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1657080

Northwest Multiple Listing Service (NWMLS)

APN: 010322-006-205-00